Page 31 - B2B Connect

AkzoNobel to commercialise bio-based polymers in alliance with Itaconix

Itaconix will contribute with a technology to turn itaconic acid (obtained from sugars) into polymer

Gail, HPCL ink MoU for Rs 40,000 cr petrochemicals complex in AP

The new plant will have a capacity to produce 1.5-million tonnes of ethylene derivatives

GMR inks MoUs for manufacturing units to come up at Kakinada SEZ

MoUs were signed by KSEZ with 5 forms for setting up facilities with investment of Rs 7,000 cr

Piramal Group buys UK-based Mallinckrodt's pharma products for $171 mn

The acquired portfolio of drugs belongs to spasticity and pain management categories

Back Indian textile industry to double productivity by 2030

Financial packages provided to industry have to be output based, reviewed on multiple key indicators

Incentivise R&D for growth of specialty chemicals sector: Dr Deepak Parikh

Budget should offer credits to chemical producers who demonstrate exemplary corporate citizenship

Remove anomaly of inverted duty structure: Dr Raghupati Singhania

Tyre industry looks forward to announcements that will create a level-playing field Indian players

Budget should consider special package for textile industry

TUFS must be extended for another 5 years to enable companies to avail maximum benefit

Efficient cold chain network critical for fostering agricultural growth

Regional innovation is a must to transform horticulture, which can generate more income for farmers

Johnson & Johnson buys Swiss biopharma firm Actelion for $ 30 billion

It will also have 16% stake in Actelion's yet-to-be created R&D company

Strengthen private sector participation in defence equipment production

Government needs to create few word-class hubs for defence & aerospace on a faster time scale

Budget: A healthy kick start for logistics sector in 2017

Bring surface transport, warehousing & shipping under one umbrella for faster decision-making

Fiscal support crucial to enhance the potential of renewables in India

State specific solar/wind policy should simplify the procedures to obtain regulatory approvals

Govt subsidy on new technology to give a boost to plastic packaging sector

FM should consider zero import duty on capital goods & raw materials used for new technologies

Budget should incentivise local sourcing of steel from auto industry

While anti-dumping duties protect steel industry, alloy steel makers are still exposed to dumping

Budget should raise the competitiveness of Indian manufacturing sector

It should motivate SMEs, which in turn will help Make in India campaign & in employment generation

Make tax structure simpler for Indian auto industry to prosper

The industry is highly taxed with three-tier tax structure applied at centre, state & local levels

Biocon bags Rs 460 crore contract for insulin in Malaysia

It will supply rh-insulin manufactured at its Malaysian plant to public sector hospitals & clinics

Germany's BASF forays into Indian crop protection market for rice

It has launched a range of solutions to boost rice yields by managing diseases, weeds and pests

Budget should support auto manufacturers with tax rebates

It should provide support to car infotainment sector for new investing in technology & manpower